American Security Resources Obtains $20 Million Financing Commitment.

HOUSTON -- American Security Resources Corp. (OTCBB:ARSC) announced today that it has received a commitment for a credit facility of up to $20,000,000.00 in equity from Goldbridge Capital LLC of Houston. This commitment is available to American Security Resources for a period of 24 months following the Company's registration of the transaction with the SEC. The Company has the option of accessing this commitment in multiple segments subject to the terms of the agreement with Goldbridge Capital.

Joe Grace, president of American Security Resources Corporation, said, "This gives us the funding we need to accelerate our acquisition plan, and it's a source of working capital to grow those companies." Grace continued, "This gives us real options and financing flexibility to create positive growth."

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Ed Parker, CEO and director of ASRC, announced that he is resigning to develop an opportunity in the mid-stream oil and gas business, an area of his principle interest and expertise.

"Now that ASRC has this credit facility, they'll be able to accelerate their acquisitions plans. I wish them great success," Parker said.

American Security Resources Corporation

American Security Resources Corporation, www.americansecurityresources.com, is actively seeking to acquire well-managed, profitable companies with niche products or services for Homeland Security and National Defense. The Company has a Letter of Intent to acquire Systems Resource Management, www.srminc.net, an IT and project management company, whose principal client is the Naval Undersea Warfare Center in Newport, R.I.

Forward-looking statements. The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

For further information, please contact American Security Resources Corp.